APPENDIX A - CWSRF ESTIMATED FUNDING SOURCES AND FUNDING USES
Beginning Cash Balance: Funds Available in Equity Fund and Program Accounts
$300,390,000*
Additional Sources of Funds Federal Capitalization Grants: FFY 2022 - Base Program
$15,660,000 $24,088,000 $132,367,000 $14,000 $172,129,000 $472,519,000
FFY 2022 - General Supplemental
Loan Repayments
Investment Earnings on Equity Fund and Program Accounts
Total Funding Sources
Uses of Funding Administration Administrative Allowance from FFY 2022 Federal Capitalization Grants Loan Disbursements Undisbursed Amounts Committed to Existing Loans (50% disbursement rate)
$1,590,000
$146,869,000** $79,969,000 $12,865,000**
CWSRF Project Requests (Current IUP Project List) Planning & Design Requests (50% disbursement rate)
Non-Point Source Program Assistance
$18,297,000
Debt Service Principal Payments on Outstanding Revenue Bonds Interest Payments on Outstanding Revenue Bonds
$48,670,000 $64,063,000 $372,323,000 $100,196,000 $871,724,000
Total Uses of Funding Ending Cash Balance
IUP Approved Projects to be Funded in Subsequent Years Ending Balance Including Projects Yet to be Funded
($771,528,000)***
*Funds Available for disbursements as of 8/3/2022 **Loan disbursement rates are estimated based on previous experience with project pace. ***Future Sources: Federal Capitalization Grants (Base & Supplemental), State Match, Bond Proceeds and/or SWIFIA Loan Draws
All amounts are rounded to the nearest $1,000
APPENDIX B-1 PROCEDURES TO DETERMINE SECTION 212 PROJECT PRIORITY LIST
Project rankings were determined by the following procedures:
Cost eligibility of projects was determined as per 567 IAC 92.7(6) (455B). Applications were evaluated using the priority point system in 567 IAC 91.8(455B). The final Project Priority List for a fiscal year’s project pool is compiled in the following manner: subsequent segments of projects funded by CWSRF loan programs of previous years will be ranked at the top; projects ranked in the current year application group will then be added.
IOWA SRF INTENDED USE PLANS 2023 - CWSRF | Page 21
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